Rent-to-own programs grow, Manhattan rental demand plunges, & more

By Austin Havens-Bowen | July 17, 2020 - 3:30PM

This week, readers visited Brick Underground to learn about rent-to-own condo programs, which have increased in New York City during Covid. There are at least five buildings offering these programs, which enable renters to apply all or a portion of one year's rent toward the purchase price.

Also of interest: The demand for Manhattan rentals hit historic lows in June. The impact of the shutdown resulted in the highest vacancy rate in 14 years, according to Douglas Elliman's monthly report.

Here, in full, are this week's most popular posts.

1) NYC rent-to-own condo programs gain momentum in the Covid era

2) Rental demand hit record lows in Manhattan for June

3) How to move to NYC: A crash course to finding an apartment—even in a pandemic

4) Want to buy an investment apartment to rent out? Here's what you need to know

5) My neighbor's dripping AC is driving me crazy. What can I do?

And from this week's sponsors:

Ask Sam: I want to negotiate a buyout with my landlord. Should I wait out the coronavirus? [sponsored]

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

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